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Jan 5, 2013 12:30pm PST
raft of special interest tax credits for wind, for algae energy, for nascar and hollywood, got tax credits out of this bill. >> the college credits. the day care. >> the obama push, if you look at just the business ones, leave aside the individual ones, there is more money, 70 billion in business tax credits, so that is revenue lost, than he gained in his tax hike to the rich, which was only 60 billion, over one year. and so obama had this disparate view where he wanted to raise taxes on the rich but he also wanted to cut taxes on the big business lobby so he has them on board for future negotiations. and republicans didn't like either of those. and obama won both of them. >> so obama's project was to soften the situation up, correct? >> yes. >> and he did it? >> he did it. he softened up the business lobby by giving them a whole raft of corporate welfare. >> yes. what do you think of that? >> i think he negotiated better than a lot of people thought we. >> he bought the support, didn't he? >> yes. >> what do you think of that? >> i think we have more respect for obama now, right?
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